National Republican., 1887-05-17
AN UPWARD TENDENCY.
The Course of Prices Generally Tends
Higher.

NEW YORK, May 16.-Tho week opened on
the stock Exchange with a quiet market, In
which the bullish sentiment prodominatcd,
although the advocates OF higher prices did
not present the whole front shown few days
back. The course Of prices was upward dhnr
ing the forenoon, and many stocks reached
higher figures than had been seen up to that
time on the present advance. The limit buy
ipg was oI G90d quality but she iqregnGTs ,n
Pacific and wabash preferred, The fore
moons Improvement, however, upon the circu-
lation OF Tumors Of riots in Chicago, caused by
the lator troubles, was nearly wiped out. To
this effect free realzations also aided, but upon
the investigation Of the rlimors their talsity
was sufficiently demonstrated and further
Improvement was the immediate result. Tho
fluctuations in the majority OF the active list
were again comparatively small, though few
stocks, Influenced by circumstances peculiar
10 Themselves, made large advances
The opening was generally firm, but there
was an inclination TO heaviness in tho early
trading, aud slight losses were sustained. The
market quickly rallied under the lead OF
Hooking Valley and Louisville and Nashville.
The heavy tone was renewed before noon,
however, Rock Island being a conspicuous
exception. The market became comparatively
Of the depression, In which Jersey Central and
Norfolk and Western preferred were promi.
nent. In the last hour, upon somewhat more
ment, and he market closed moderately
active and firm at something better than the
opening figures. Closing prices show few
declines, which. however, are for Insignificant
fractions, while the great bulk Of the list are
Money On % cali has been easy. ranging from
9 to 8: last loan at 8, and closing offered at O.
business at lS5 to 1854 for 6o-day bills and
is634 to 4S7 for demand. Posted rates. dS6l,
to iSS. Government bonds have been dull
and steady. State bonds have been dull and
Treasury b balSnces-Coin. Ian slSi.777s77; cur.
:, the following were the closing bid Quota
ss 100; IS, 12o; A COUP, llo1z: Pac
es Of 95 125l4; D. G: S.65s, 12l Ga. rs, l0S
La. Cons, 81 Mo. Gs Of 81 Io2; N g, Cons. Cons
do. 5s, io21S;. Va. Gs, IS; do. consuls x n. e.,
u71S D. 4 R. g. lst, 81; NJ, X; \ T, lolj
western cons, isss3 do. debentare 100
St. L. 4 San Fran, l1i1as: 81. Paul Con-, 1857
St l., Chi'go 4 Pac., LIST, 1l2; South Pac ist III
es; 81 Shore g. S | Ida%s Wni2n PfS Eaprss lss I
Ao1 Aa iS Bes G al Air prs Sp 5S RJeb A%sEGsp g.
faa 5 soqnssn ess oSS SS cGq1SR GSs Aea SSn5s
DO pref, l62; g. B. 4 O., 1Si94; ,Cleye'd 4 COL,
l., ias9S; sSj Denver B g, 81 Erie, $,2s I do Dc
Lyi. { Sash., g: Manhattan Nc ( Con-, 'i 1857; Il
| & Char, 6l7s; Met L., POS; Mich. Cen, 9S; Mo
Pac,, l9s1g; Mob. 80, l6; Mar; 4 E., 1Se,1; n
Shat" 8; Ns$sesn s m Psa Ssntte So IN Mr. Drew Ps Ps
Northwestern, 1259z do. pref, 1872; N Y
Central; 1lSs4 Chicago 4 St. L., 2o1s; do
e Sse rss % Mali 1R.Sd!s 1RGS!S S9 aisS% iss
Reading Az; Rich. & Aleg., 51S; Rich. 1
Dan, 150; Rock l., 1881; St. L. Il s. F..
89s1; do: pref, 79h; LIST pref lisN; St
| o., 5S]5 do. pref. il61S; fex. Pac. SO7S
| Union Pao., 621S; u. 8. x, 67; wab. Pac.
| 21I; do. p, 97ll; Wells Far. 1870; W. Union
TT5;, ne Tenn Goa lF9n, do IA Cotton Oh